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Politics : Dutch Central Bank Sale Announcement Imminent? -- Ignore unavailable to you. Want to Upgrade?


To: Robert Dirks who wrote (2583)12/12/1998 6:38:00 PM
From: Zardoz  Read Replies (1) | Respond to of 81092
 
If this is true, #reply-6808604 and only two producer unwound their positions. Than are we really going to have higher gold prices?

"Glad to see an economist admit that Gold is actually being manipulated, so very few have the balls to do it."

Economist admit a lot of things, but where are their proof that gold is actually being manipulated? Maybe their is a lot MORE european CB selling in the pipe. Funny Last year when Gold was $314. and everyone was bullish, I stated that it would not clear $320... It didn't. Yet everyone is still bullish? Change the way in which you value gold, and you'll see the 1 suit for 1 ounce was crap spread through the ages. Gold is over valued. $250 is the correct value, and dropping daily. Will it hit $250 NOT VERY LIKELY. Why? Cause citizens over react, and buy what they PRECIEVE is a safe investment, and never sell. When you first bought your very first stock.... how long did you keep it. The average answer in 15 years {or until it dies}



To: Robert Dirks who wrote (2583)12/13/1998 8:53:00 AM
From: Crimson Ghost  Respond to of 81092
 
Robert: Hope yopu are right about January. My only strong conviction is that gold has seen its lows and will break above $300 someday. But when is anybody's guess.